301
301
Dec 24, 2012
12/12
by
CNBC
tv
eye 301
favorite 0
quote 1
already in your portfolio, or will those be exempt and only for the issues that are bought once the law gets changed? >> nobody knows for sure. that brings up a very important point, which is historically, the treasury department has never imposed taxes on anything retroactively. so this would be a very bad precedent if they decide to apply this to existing bonds that are currently outstanding. what they ought to do is apply this, if they're going to do it, on a foregoing basis, the bonds issued after january 1st, 2013, for example. >> we're showing the picture of the mub, the etf that tracks the municipal bond market. we've seen it decline since the beginning of roughly december. i think a lot of people are concerned about this. but your point is, that perhaps if you buy this year, the treasury would not put taxes on those holdings, correct? which could be a good time to buy muni bonds. >> you're playing a gamble on whether or not the treasury is going to protect you for this year or not. personally, i'm a little bit more worried about the fact that the taxes could apply retroactively.
already in your portfolio, or will those be exempt and only for the issues that are bought once the law gets changed? >> nobody knows for sure. that brings up a very important point, which is historically, the treasury department has never imposed taxes on anything retroactively. so this would be a very bad precedent if they decide to apply this to existing bonds that are currently outstanding. what they ought to do is apply this, if they're going to do it, on a foregoing basis, the bonds...
286
286
Dec 24, 2012
12/12
by
CNBC
tv
eye 286
favorite 0
quote 0
economy goes over the fiscal cliff, law marriages are pointing fingers and playing the blame game. >> mario monti is saying he's available to lead italy, but only for a party willing to push his economic agenda. >> but he has competition in the form of sylvia berlusconi, italy's former prime minister tells cnbc he feels a responsibility to run. >> translator: i feel the need to return to the political arena to prevent the country from being delivered into the hands of a leftist party. >> and the crowds are out, the stores are ringing up those sales. but u.s. shoppers, they may be running lower on holiday spirit and analysts are saying that they're spending less, as well. >>> if you're just tuning in, thank you so much for joining us on the show here. a bit of a pre-christmas special for you. these are how the markets are looking at the u.s. open. still looking very negative. we had a high volume session on friday where the markets pulled back about 1% across the board. the markets are still in positive tear over to. but nonetheless, the negative sentiment around the u.s. fiscal cliff
economy goes over the fiscal cliff, law marriages are pointing fingers and playing the blame game. >> mario monti is saying he's available to lead italy, but only for a party willing to push his economic agenda. >> but he has competition in the form of sylvia berlusconi, italy's former prime minister tells cnbc he feels a responsibility to run. >> translator: i feel the need to return to the political arena to prevent the country from being delivered into the hands of a...
190
190
Dec 24, 2012
12/12
by
CNBC
tv
eye 190
favorite 0
quote 0
rick scott sent a letter to president obama asking him to invoke federal law in order to invoke a cooling off period. i don't know what the likelihood of that is. i don't know what the president might do. do you think he would -- >> wow. that's a lot of red. >> you step out. you like to step out. you like to make statements, right? >> it's the holidays. >> i'm aware of that. >> you're wearing a red tie today. >> a shirt and a tie. that's usually what i go with, some type of shirt, some type of tie. no bells and whistles. this is your thing. whether you have bracelets -- one of those things is measuring your heart right right now. how is it? >> it's measuring my -- >> your calorie intake? >> my pressure goes up when i'm with you. well, no, this is the jaw bone. >> is it a measure of calories? >> calories, walking, sleeping, rem sleep, how much i shept last night. >> and calories. >> calories. >> if you wore it on your left wrist, would there be less calories, do you know? >> i will test that for you. >> test it out. gasoline prices. you know what i want to ask you? do you employ lobbyists
rick scott sent a letter to president obama asking him to invoke federal law in order to invoke a cooling off period. i don't know what the likelihood of that is. i don't know what the president might do. do you think he would -- >> wow. that's a lot of red. >> you step out. you like to step out. you like to make statements, right? >> it's the holidays. >> i'm aware of that. >> you're wearing a red tie today. >> a shirt and a tie. that's usually what i go...
207
207
Dec 28, 2012
12/12
by
CNBC
tv
eye 207
favorite 0
quote 0
there is an endless list of expiring provisions of law that will, in fact, expire if nothing is done. and i think even if something is done at this point, what you're looking at is something very scaled back, something very small and congress will have to come back next year and take a look at trying to get to some of those other issues. >> alistair here. that sounds about right to me, assuming that that scenario is how things play out. what sort of impact medium term do you think this is going to have on consumer and corporate confidence in america, given that the fiscal cliff is clearly weighed heavily on both of those in recent months? >> the sad thing, you know, from an observer's standpoint here is that there isn't much corporate or consumer confidence in the american government. and it's proved itself dysfunctional time and again over the last couple of years. what you hear now is not how people believe that there's going to be some last-minute deal, but how they remember the times that the t.a.r.p. bill, the fiscal bailout a few years ago failed on the house floor, how they rem
there is an endless list of expiring provisions of law that will, in fact, expire if nothing is done. and i think even if something is done at this point, what you're looking at is something very scaled back, something very small and congress will have to come back next year and take a look at trying to get to some of those other issues. >> alistair here. that sounds about right to me, assuming that that scenario is how things play out. what sort of impact medium term do you think this is...
16
16
tv
eye 16
favorite 0
quote 0
the country's constitution and its main laws. naturally back then i couldn't say for sure i would come back in four years especially since a crisis and all no one knew where it would go so that would have been a plain absurd but we all had to make it through tough times. so there is no way i would be calling the system author or terry and if somebody may believes that democracy and observing laws are two different things they're highly delusional. first and foremost about observing the last release but the anarchy of the ninety's largely discredited both market economy and democracy is such a fearful of them both these are different things so i believe that in no way does order discipline or observation of the law run counter to a democratic government. because i'd like to ask you about the situation in syria as you know western countries there about turkey of the whole they all think that bashar laughs at moscow as well otherwise they say it is impossible to have an ice in syria but trust that does not agree with this but i do t
the country's constitution and its main laws. naturally back then i couldn't say for sure i would come back in four years especially since a crisis and all no one knew where it would go so that would have been a plain absurd but we all had to make it through tough times. so there is no way i would be calling the system author or terry and if somebody may believes that democracy and observing laws are two different things they're highly delusional. first and foremost about observing the last...
165
165
Dec 27, 2012
12/12
by
KCSM
tv
eye 165
favorite 0
quote 0
the egyptian president has signed into law a controversial new constitution after official confirmation should a clear majority for the document in a referendum. >> morsi is due to address parliament on saturday after appointing 90 members to the senate. >> critics say the new basic law is islamist and undemocratic. >> the opposition kept up its protest for weeks, but it was not enough. anchor fled on the streets of cairo after official results were announced. critics say the referendum was marred by fraud. am i in my opinion, the revolution continues, and the constitution does not exist. a constitution has to be for everyone, not split the people of egypt. >> everybody knows the results are wrong. i will continue protesting peacefully until our demands are met. >> egypt's election commission says nearly 64% of voters approved the constitution in tibia will rounds of balloting, a clear majority, but the overall turnout was only about 33%. with the official results in, the constitution's islamists supporters are looking ahead. the muslim -- the muslim brotherhood's freedom and justice pa
the egyptian president has signed into law a controversial new constitution after official confirmation should a clear majority for the document in a referendum. >> morsi is due to address parliament on saturday after appointing 90 members to the senate. >> critics say the new basic law is islamist and undemocratic. >> the opposition kept up its protest for weeks, but it was not enough. anchor fled on the streets of cairo after official results were announced. critics say the...
129
129
Dec 30, 2012
12/12
by
CSPAN2
tv
eye 129
favorite 0
quote 0
nobody was rushing out to pass new gun-control laws. mayor bloomberg of new york, hillary clinton, barack obama said it was an individual right. 75% of the american people, probably 95% of politicians including liberal politicians thought it was. other than getting rid of the d.c. about in the chicago, what difference did it make? >> guest: that's interesting. to me that's a surprise because gun-control advocates eresting. to me that's a surprise because gun-control advocates said after both those decisions they would be a tsunami was the word that was used for challenges to gun control regulations. other than some, but certainly not a tidal wave of them. they have mostly succeeded. here the district they passed and decided on a new set of regulations that still ban assault weapons and make it necessary you have to show that you now how do gun and could store it safely and you have to register and so on. there is a challenge to that but i don't think it's been resolved yet. >> host: in a couple hundred lawsuits across the country. but a
nobody was rushing out to pass new gun-control laws. mayor bloomberg of new york, hillary clinton, barack obama said it was an individual right. 75% of the american people, probably 95% of politicians including liberal politicians thought it was. other than getting rid of the d.c. about in the chicago, what difference did it make? >> guest: that's interesting. to me that's a surprise because gun-control advocates eresting. to me that's a surprise because gun-control advocates said after...
123
123
Dec 30, 2012
12/12
by
CSPAN
tv
eye 123
favorite 0
quote 0
they passed a few laws, licensing laws, it did not help. what turned britain around was john wesley. methodism. converting the women of england -- [laughter] that is the way it worked. it is an odd thing for me to be saying. >> you talked about the virtues freedom requires. i worked in the field of education. if our major problem children come to school without virtues, it is the public school system the place to nurture that? i believe our society and culture does not nurture those virtues. how do we address that? >> this is a good question. the family is the smallest school. by the time all lots of negligently parentage, often at no-fault to the single mother, these children get to school, and it is too late. the chicago schoolteacher it says should its first graders who do not know numbers, shapes, or colors. they're raised in a culture of silence except for the television. it is america's biggest problem. and on that cheerful note, thank you very much. [applause] [captioning performed by national captioning institute] [captions copyrigh
they passed a few laws, licensing laws, it did not help. what turned britain around was john wesley. methodism. converting the women of england -- [laughter] that is the way it worked. it is an odd thing for me to be saying. >> you talked about the virtues freedom requires. i worked in the field of education. if our major problem children come to school without virtues, it is the public school system the place to nurture that? i believe our society and culture does not nurture those...
172
172
Dec 27, 2012
12/12
by
WBAL
tv
eye 172
favorite 0
quote 0
. >> as we ring in the new year next week, maryland will enact new laws. some key provisions that go into effect on the first. >> about a dozen state laws will go into effect when the clock reaches midnight next tuesday. we picked a few of them to highlight some of them may have heard about already. some of them, maybe not. with any new year comes new opportunities, new experiences, and new laws. after a contentious battle, gay couples and the maryland will be able to say "i do" on january 1. couples will not go into affect until 2013 -- marriage licenses will not go into affect until 2013. elections will not be held on the same cycle as presidential elections in baltimore. it will some be easier for veterans to prove they served. the department of veterans affairs will be required to give them set -- something to prove their status. dibble half included on their driver's licenses as long as they have the proper identification -- they will have to include it on their driver's licenses as long as they have the proper identification. a parent or guardian wil
. >> as we ring in the new year next week, maryland will enact new laws. some key provisions that go into effect on the first. >> about a dozen state laws will go into effect when the clock reaches midnight next tuesday. we picked a few of them to highlight some of them may have heard about already. some of them, maybe not. with any new year comes new opportunities, new experiences, and new laws. after a contentious battle, gay couples and the maryland will be able to say "i...
109
109
Dec 23, 2012
12/12
by
CSPAN2
tv
eye 109
favorite 0
quote 0
law and the chicago law, what difference did it make? >> guest: is interesting. to me that was a surprise because a lot of in control advocates said, after both of those decisions, that probably the tsunami i think the word it was used of challenges to gun control regulations. there is certainly not been a tidal wave and they haven't mostly succeeded here in the district. they decided on a new set of regulations that still bans assault weapons and makes it necessary, you have to learn -- show that you know how to use a gun and can store it safely and know how to register it and so on and there is a challenge to that but i don't think it's been resolved yet. >> host: i know at least a couple hundred lawsuits across the country, lawsuits move slowly. at. >> guest: almost everyone of every one of them has upheld the laws. >> host: there was a tidal wave among judges to overthrow ben -- because of heller and mcdonald. >> guest: you have got this new definition of the second amendment and again at it one level i thought it was like how many angels can dance on the hea
law and the chicago law, what difference did it make? >> guest: is interesting. to me that was a surprise because a lot of in control advocates said, after both of those decisions, that probably the tsunami i think the word it was used of challenges to gun control regulations. there is certainly not been a tidal wave and they haven't mostly succeeded here in the district. they decided on a new set of regulations that still bans assault weapons and makes it necessary, you have to learn --...
12
12
tv
eye 12
favorite 0
quote 0
newtown school shooting has unleashed tears tragedy and of course through talk of gun control and gun laws from the one thing use the bushmaster rifle to big business will talk about the reaction from wal-mart to wall street let's get to today's capital account. the price mechanism is something we often talk about on this show and the role central banks around the world play in distorting it whether through central bank there are or q e or through private banks manipulating live or without question markets are manipulated and prices distorted our next guest has been making the case for years that the precious metals markets are no exception you know it's a tough one though because there isn't a smoking gun per se of libel or with gold though we may see the queen of england touring the bank of england vaults as we did just recently and you see there what we don't get to see is transparent disclosure of the gold transactions of central banks in terms of their lease things swapping that sort of thing now that we may know of this the f.t.c. these investigations into silver market manipulation
newtown school shooting has unleashed tears tragedy and of course through talk of gun control and gun laws from the one thing use the bushmaster rifle to big business will talk about the reaction from wal-mart to wall street let's get to today's capital account. the price mechanism is something we often talk about on this show and the role central banks around the world play in distorting it whether through central bank there are or q e or through private banks manipulating live or without...
116
116
Dec 27, 2012
12/12
by
KRON
tv
eye 116
favorite 0
quote 0
of the public wants to enforce current laws while 47 once the legislation. this is a big law to ban assault weapons which is backed by president obama has not gained much support since october 2011. 44 percent support and assault weapons ban while 51 percent are against it. >> today 200 use of teachers will get the proper training to be able to carry a weapon. the utah shooting sports council said it would waive its $50 fee for concealed weapons training for the teachers. it's an idea gaining traction in the aftermath of the connecticut school shooting. you ties among few states that let people carry license concealed weapons and the public schools without exception. >> to fire fighters were wounded by gunmen and was that is new york house on fire and then killed two other firefighters say they are thankful for the support they have received. there rochester hospital released a statement from the fire fighting say they are " normal and a bit overwhelmed " by the outpouring of support and well wishes for them and their families. both firefighters have been up
of the public wants to enforce current laws while 47 once the legislation. this is a big law to ban assault weapons which is backed by president obama has not gained much support since october 2011. 44 percent support and assault weapons ban while 51 percent are against it. >> today 200 use of teachers will get the proper training to be able to carry a weapon. the utah shooting sports council said it would waive its $50 fee for concealed weapons training for the teachers. it's an idea...
16
16
tv
eye 16
favorite 0
quote 0
we're talking about a law which consists of several parts most of those are also putting financial and travel or restrictions on several american officials or people have been found guilty of committing crimes against russian citizens only one part of this law deals with banning adoption all russian children to buy american citizens now the law has been is fired so to speak by the case of going to a russian boy who was not even two years old when he was adopted by the american family and died several months later when he's foster father left him walked in the car in the blistering heat for nine hours so there is so the russian lawmakers feel like the american system does not provide enough protection for the russian kids once they get overseas was their adopted by the american families and also does not allow for the russian officials to monitor the situation of the russian children. care of american adoptive families aside from this new law russian lawmakers are also pledging to improve the lives of orphans and also improve foster care situation in russia this new particular law is se
we're talking about a law which consists of several parts most of those are also putting financial and travel or restrictions on several american officials or people have been found guilty of committing crimes against russian citizens only one part of this law deals with banning adoption all russian children to buy american citizens now the law has been is fired so to speak by the case of going to a russian boy who was not even two years old when he was adopted by the american family and died...
167
167
Dec 24, 2012
12/12
by
CSPAN2
tv
eye 167
favorite 0
quote 0
law and then the chicago la law what difference did it make? >> guest: well, that's interesting to me that's a surprise because a lot of gun control advdvates said, after the decision -- after both those decisions, probably the tsunami i think was the word that was used -- of challenges to gun control regulations. well there have been some, but certainly not been a tidal wave of them and they haven't mostlied anded. here in the district, they passed -- decided on a new set of regulations that still ban assault weapons, and make it necessary you have to learn -- show you know how to use a gun and can store it safely and register it and so on. but -- and there is a challenge to that i don't think has been resolved yet. >> host: there have been at least a couple hundred lind suis across the country, and lind sus move slowly. but almost every one of them upholds the -- >> guest: doesn't seem to be a tidal wave of judges overthrowing gun control regulation because of heller and mcdonald. >> host: you have this new definition of the second amendment,
law and then the chicago la law what difference did it make? >> guest: well, that's interesting to me that's a surprise because a lot of gun control advdvates said, after the decision -- after both those decisions, probably the tsunami i think was the word that was used -- of challenges to gun control regulations. well there have been some, but certainly not been a tidal wave of them and they haven't mostlied anded. here in the district, they passed -- decided on a new set of regulations...
15
15
tv
eye 15
favorite 0
quote 0
market manipulation it's been ongoing for years still with no result but here to discuss some of the law in light of what we do know are bill murphy and chris paul of the gold antitrust action committee better known as gap and they are together at the same desk in our studio which is just so exciting thanks so much for being here gentlemen good to be here alone it's great to have you so let's start with today gold and silver moving down not a lot of big news anything to see here. yeah actually it's been part of an an ambush attack by what we call the gold cartel for the past month they've been trading and when asian markets are thinly traded just about three weeks ago they had to call makes twenty five dollars an ounce in one minute twenty four out of the last twenty six days on the with access market comix pretty open they've taken the market down they slammed and today with the euro making seven month highs all of a sudden gold collapsed twenty five thirty dollars for no reason whatsoever the stock market was fine other commodity markets were fine it is ludicrous what they're doing wha
market manipulation it's been ongoing for years still with no result but here to discuss some of the law in light of what we do know are bill murphy and chris paul of the gold antitrust action committee better known as gap and they are together at the same desk in our studio which is just so exciting thanks so much for being here gentlemen good to be here alone it's great to have you so let's start with today gold and silver moving down not a lot of big news anything to see here. yeah actually...
110
110
Dec 22, 2012
12/12
by
CSPAN2
tv
eye 110
favorite 0
quote 0
it's against the law to discriminate. is there hypocrisy in our law? last year alone over 65% of, gay and young women. one fifth of and people try to take their own life and 19% of the community felt discriminated against because of their sexuality. we need to work together to change this to your desk are some of you know fellow partnerships at the same legal benefits. maybe, but it's not about that. as the principle of being denied the right to a gay people to be equal. this is an issue important to young people, then why is it being debated here today? young people not only want to marry who they want when they're older, they want homosexuality to be accepted now. others may say this infringes. however, research has shown 50% of people support same-sex marriage either way. this campaign would respect or understanding society where everyone is equal. but this campaign, we can lobby rft. we can educate the public. we can create an understanding that change the attitude. as the scottish youth parliament approves the national campaign last year, we can m
it's against the law to discriminate. is there hypocrisy in our law? last year alone over 65% of, gay and young women. one fifth of and people try to take their own life and 19% of the community felt discriminated against because of their sexuality. we need to work together to change this to your desk are some of you know fellow partnerships at the same legal benefits. maybe, but it's not about that. as the principle of being denied the right to a gay people to be equal. this is an issue...
182
182
Dec 22, 2012
12/12
by
CNNW
tv
eye 182
favorite 0
quote 0
it is about sensible gun laws. semiautomatic weapons, the kinds of things that make killing industrial strength, and i'll tell you, there is cause and effect. there are other countries which have faced similar such massacres and they have taken procedures, and it's worked. our country, england, in scotland, you know, in 1996, children the same age as the children at sandy hook, 16 6-year-olds and 7-year-olds killed. >> a national handgun ban and incredibly effective. australia the same thing. john, your answer is more guns makes america safe even though there are statistics. you have 300 million in circulation and you have the worst gun murder rate of any of the wealthy countries of the world by a massive multiple. how do you justify the claim more guns make more safe people in america? i don't get it. >> everyplace that guns have been banned, murder rates have gone up. you cannot point to one place, whether it's chicago or whether it's d.c. or whether it's been england or whether it's jamaica or ireland. >> that's
it is about sensible gun laws. semiautomatic weapons, the kinds of things that make killing industrial strength, and i'll tell you, there is cause and effect. there are other countries which have faced similar such massacres and they have taken procedures, and it's worked. our country, england, in scotland, you know, in 1996, children the same age as the children at sandy hook, 16 6-year-olds and 7-year-olds killed. >> a national handgun ban and incredibly effective. australia the same...
124
124
Dec 23, 2012
12/12
by
CSPAN2
tv
eye 124
favorite 0
quote 0
>> the law is very restrictive. you have to have a dent across the border dockable and if you don't you won't have one. if it were flexible most of the people in this country would have a health savings account. >> you mentioned with regard to health care legislation the supporters of the current health care bill will want to make changes. what are some of the changes that you for see them making? >> well you've got to get opportunity to the people to choose a plan. the can control costs and the other way people have to adjust the plan they are going to buy. obamacare legislation has very strange substance in the employees at this hotel who earned 10 or $15 an hour going to have to have a family plan that costs $15,000. that is half their wages but the new law gives no help to the employees or the hotel to buy that plan. on the other hand, the hotel abolishes its insurance plan plan and sense always employs over two in exchange, they are going to get 10 or $15,000 in subsidy from the federal government. you're going
>> the law is very restrictive. you have to have a dent across the border dockable and if you don't you won't have one. if it were flexible most of the people in this country would have a health savings account. >> you mentioned with regard to health care legislation the supporters of the current health care bill will want to make changes. what are some of the changes that you for see them making? >> well you've got to get opportunity to the people to choose a plan. the can...
14
14
tv
eye 14
favorite 0
quote 0
certainly there were to farias actions and i believe violations of the law mean when people send you e-mails and say the price of silver is going to be smashed one day and then the next day it actually happens and when that happens repeatedly or maybe six you know eight or nine times. that leads you to question what's going on why do you think we haven't seen more progress and this investigation and do you think we will ever see this investigation have a result that's a government operation or in the sea if the sea cannot interfere with that i think they figured it out and this investigation will probably be unresolved until the end of time or until the silver price breaks out nobody cares anymore based on what that when you say it's a government operation chris what is your and your best and i mean i don't want to say smoking gun because i know that this is impossible to kind of calculate but but what is your best argument for that you can you can go back to the coinage act in the united states that was signed by president johnson in one thousand nine hundred eighty five when he sig
certainly there were to farias actions and i believe violations of the law mean when people send you e-mails and say the price of silver is going to be smashed one day and then the next day it actually happens and when that happens repeatedly or maybe six you know eight or nine times. that leads you to question what's going on why do you think we haven't seen more progress and this investigation and do you think we will ever see this investigation have a result that's a government operation or...
232
232
Dec 27, 2012
12/12
by
CNNW
tv
eye 232
favorite 0
quote 0
nbc's david gregory may have violated dc's gun laws during "meet the press." he held up a high capacity magazine. the police department is now investigating that. >> thank you very much. up next, big news if you drive a toyota. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. on any new volkswagen. with two times the points on dining in restaurants,? you may find yourself asking why not, a lot. chase sapphire preferred. there's more to enjoy. >>> more than 16 million people
nbc's david gregory may have violated dc's gun laws during "meet the press." he held up a high capacity magazine. the police department is now investigating that. >> thank you very much. up next, big news if you drive a toyota. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. make a wish! i wish we could lie here forever. i wish this...
48
48
tv
eye 48
favorite 0
quote 0
to automate the system suggest adopting a law which would be ducked the necessary sum from the embezzlers bank account. rise quickly take a look at the markets it was a very very quiet day of course most market closed two steps forward one step back for russia's ruble it has lost around three quarters of watergate and on monday against both the dollar and the euro now on the russian markets it seems not a creature was stirring not even a mouse russia traditionally celebrates christmas on the seventh of january so tuesday was a working day but because it was pretty much the only market trading very little activity and thus the flat and mixed results but lukoil managed to gain around half a percent now the company managed to acquire the license for the last of the major oil fields in russia the company paid one point seven billion. dollars for the field in west siberia the field which was discovered back in the soviet times almost two hundred million tons of no known oil reserves and therefore bears the status of the federal or field russia's pipeline monopoly trans never has launched the f
to automate the system suggest adopting a law which would be ducked the necessary sum from the embezzlers bank account. rise quickly take a look at the markets it was a very very quiet day of course most market closed two steps forward one step back for russia's ruble it has lost around three quarters of watergate and on monday against both the dollar and the euro now on the russian markets it seems not a creature was stirring not even a mouse russia traditionally celebrates christmas on the...
81
81
Dec 27, 2012
12/12
by
WMAR
tv
eye 81
favorite 0
quote 0
you vote today expand gambling back in november and today part of that law will be put into action. in less than three hours maryland live casino will open their doors and once they do, they're going to stay open for good. abc2 news linda so is live this morning at the casino and linda i'm sure that a lot of people are going to be ready for 24/7 gambling. >> reporter: well, yeah, when they open the doors at 8:00 a.m. they will never close again like you said. the place is going to stay open 24 hours a day, 7 days a week, 3635 days a year. that means you can come at any time of the day or night to enjoy any one of their 4700 slot machines that they have here. and another big change that's coming very soon. table games will actually be introduced here at the casino. that will happen in spring. that of course approved by voters in the referendum in the november election. maryland live will be bringing in about 150 table games like poker, blackjack and roulette. this will be the only casino in the state to stay open 24 hours a day. now about 1200 jobs will be created from 24 hour gaming
you vote today expand gambling back in november and today part of that law will be put into action. in less than three hours maryland live casino will open their doors and once they do, they're going to stay open for good. abc2 news linda so is live this morning at the casino and linda i'm sure that a lot of people are going to be ready for 24/7 gambling. >> reporter: well, yeah, when they open the doors at 8:00 a.m. they will never close again like you said. the place is going to stay...
164
164
Dec 27, 2012
12/12
by
FOXNEWSW
tv
eye 164
favorite 0
quote 0
the law is supposed to protect privacy. should it be the law in every state? stacy snyder and rebecca rosewood lander here. a handful of states. california, delaware, illinois, maryland and new jersey did not allow employers to ask for facebook or twitter passwords. good idea or bad? >> absolutely good. it's ridiculous. we have another 14 states looking to impose the same. illinois just passed, that's coming to play january 1st. why should they get on anyone's social media site in a personal site, that has personal photos and memorabilia, no need. invasion of privacy. >> eric: she's got a point. >> it's not personal anymore. once you post information in a public domain, you put it on line, it's now out in the public. employers have a legal right to judge employees based on conduct inside and outside the workplace. why should the technology of having a password to gain access to this information prevent employers from learning information that they're entitled to get. the public's entitled to get it, it's open to the world. there shouldn't be laws restricting e
the law is supposed to protect privacy. should it be the law in every state? stacy snyder and rebecca rosewood lander here. a handful of states. california, delaware, illinois, maryland and new jersey did not allow employers to ask for facebook or twitter passwords. good idea or bad? >> absolutely good. it's ridiculous. we have another 14 states looking to impose the same. illinois just passed, that's coming to play january 1st. why should they get on anyone's social media site in a...
153
153
Dec 27, 2012
12/12
by
WBAL
tv
eye 153
favorite 0
quote 0
sotomayor has denied insurance coverage for contraceptives as of january 1st the companies which say the law violates their religious beliefs face a daily fine. >>> nelson mandela has been released from a johannesburg hospital after nearly three weeks of being treated for a lung infection and surgery to remove gallstones. >>> "the new york times" reports a syrian military chief who defected to turkey yesterday was actually in charge of the returned defection. the major is one of the highest ranking military officers to abandon president bashar al assad. >>> and officials in newtown, connecticut have a message for well wishers in the wake of the school shooting that claimed 26 lives. please stop sending gifts. they say they're overwhelmed with all the stuffed animals and toys. >>> meantime, newtown officials say they have a plan for all the flowers and gifts left at roadside tributes. george coley has that story. >> reporter: if the outpouring of love and support for the residents of newtown can be measured by the growing memorials spread throughout the community then it is overflowing. john
sotomayor has denied insurance coverage for contraceptives as of january 1st the companies which say the law violates their religious beliefs face a daily fine. >>> nelson mandela has been released from a johannesburg hospital after nearly three weeks of being treated for a lung infection and surgery to remove gallstones. >>> "the new york times" reports a syrian military chief who defected to turkey yesterday was actually in charge of the returned defection. the...
195
195
Dec 26, 2012
12/12
by
KPIX
tv
eye 195
favorite 0
quote 0
over the fiscal cliff is leaving the future uncertain for one law, and farmers depend on that law. >> reporter: eagle lake, texas, depends on rice. it's been grown here since the 1800s. drought is usually the biggest threat, but the nervous talk in the drugstore now is about congress. >> without the farm bill, it really makes it uncertain for what you should do next year. >> reporter: steve is a pharmacist here and a rice farmer. >> people are nervous. >> very nervous. >> what are they saying when they're coming in? what are you hearing? >> what do we do? they don't know what to do. it's so uncertain right now that the banks don't know what to do, the farmers don't know what to do. they're out there plowing the land, getting it all prepared for next year with total uncertainty. >> reporter: at stake? $154 billion in federal farm aid and crop insurance sidelined by the fiscal cliff stalemate. benefits from the farm bill also guarantee rice farmer l.g. ron that his costs are covered when crops are bad or demand drops. >> so you would be out of it if there was no subsidy? >> i will be lo
over the fiscal cliff is leaving the future uncertain for one law, and farmers depend on that law. >> reporter: eagle lake, texas, depends on rice. it's been grown here since the 1800s. drought is usually the biggest threat, but the nervous talk in the drugstore now is about congress. >> without the farm bill, it really makes it uncertain for what you should do next year. >> reporter: steve is a pharmacist here and a rice farmer. >> people are nervous. >> very...
126
126
Dec 30, 2012
12/12
by
WRC
tv
eye 126
favorite 0
quote 0
is the law. i guess he has a right if he doesn't want to run it, he certainly can't refuse a gay marriage couple, because he probably has a state license to operate. so he would be violating the law. >> you know, you are going to find opposition in these early stages because people are still trying to bite into this thing, but the fact is that like joe is saying, this is the law. churches that tonight take money from the feds or the state they can get around the issue, but there are a lot of people in opposition, but you have to follow the law. >> there are a lot of businesses that will be booming as a result of the new law. >> yeah, other states, where it happened in massachusetts, they discovered up on the cape and places like that, vacation areas, extraordinary booms because of the celebrating, and we have not focused on it much, but as an economic boom there are certain segments of the economy and community, it could give it a stronger foot pregnant that. >> gambling, you could gamble 24/7 in
is the law. i guess he has a right if he doesn't want to run it, he certainly can't refuse a gay marriage couple, because he probably has a state license to operate. so he would be violating the law. >> you know, you are going to find opposition in these early stages because people are still trying to bite into this thing, but the fact is that like joe is saying, this is the law. churches that tonight take money from the feds or the state they can get around the issue, but there are a lot...
32
32
tv
eye 32
favorite 0
quote 0
to return all of that money and suggests a write down fifty percent of it now while also adopting a law to automate the system deducting the from the embezzlers a bank account. of what's happening on the markets which we actually managed to show a bit earlier in the program or two steps forward one step back for russia is the ruble it has lost around three quarters of monday's gains versus both the dollar and the euro now on the russian stock markets it seems indeed not a creature was stirring not even a mouse as i said before russia traditionally celebrates christmas on the seventh of january so tuesday was a working day because it was pretty much the only market trading very little activity and thus a flat and mixed results but lukoil managed to gain a half a percent in the session now the company has managed to acquire the license for the last of the major oil fields in russia the company paid one point seven billion dollars for the. field in west siberia the field which was discovered back in the soviet times has almost two hundred million tons of known oil reserves and therefore be
to return all of that money and suggests a write down fifty percent of it now while also adopting a law to automate the system deducting the from the embezzlers a bank account. of what's happening on the markets which we actually managed to show a bit earlier in the program or two steps forward one step back for russia is the ruble it has lost around three quarters of monday's gains versus both the dollar and the euro now on the russian stock markets it seems indeed not a creature was stirring...
122
122
Dec 27, 2012
12/12
by
WBAL
tv
eye 122
favorite 0
quote 0
another new law changes the election cycle. they will be held in the same cycle as presidential elections. current officials will get an extra year in office. in the new year, the department of veterans affairs will be required to give veterans something to prove their status. a new law will make it easier to protect kids and disabled adults from identity theft. a patient or guardians can freeze their credit report. >> we know it will take some time. do they have the right to freeze it? >> i hope it will help foster children. >> we are hoping that the credit bureaus and the department of human resources will be able to get to some data sharing so they can freeze them or stall them as well as help them to get access to their credit report. >> maryland is the first state to allow minors to be able to freeze their credit reports. kim dacey, wbal-tv 11 news. >> now insta-weather plus and traffic pulse 11 together. >> the roads are still wet and we are dealing with some wind. wind warnings in effect at the bay bridge. 55 on southbou
another new law changes the election cycle. they will be held in the same cycle as presidential elections. current officials will get an extra year in office. in the new year, the department of veterans affairs will be required to give veterans something to prove their status. a new law will make it easier to protect kids and disabled adults from identity theft. a patient or guardians can freeze their credit report. >> we know it will take some time. do they have the right to freeze it?...
149
149
Dec 29, 2012
12/12
by
WBAL
tv
eye 149
favorite 0
quote 0
growing, selling, and using marijuana is still against federal law. as a result, banks won't do business with the marijuana trade. no checking accounts, no convenient way to pay salaries, and no ability to accept credit cards since they're controlled by banks. and no one in the marijuana industry can deduct expenses from their federal taxes as any other business can. >> the federal government has a long history of being very, very opposed to marijuana, and i don't think that's going to change so easily, and so you could start in on this and find out that it's years or decades before it actually becomes a legal process. >> reporter: justice department lawyers will soon decide whether to sue the marijuana states. the government is waiting to see how the new recreational laws actually work and what effect they'll have on the flow of illegal drugs from mexico. >> we have treaty obligations out with nations outside the united states, a whole variety of things that have to go into the determination that we're in the process of making. >> reporter: adding to
growing, selling, and using marijuana is still against federal law. as a result, banks won't do business with the marijuana trade. no checking accounts, no convenient way to pay salaries, and no ability to accept credit cards since they're controlled by banks. and no one in the marijuana industry can deduct expenses from their federal taxes as any other business can. >> the federal government has a long history of being very, very opposed to marijuana, and i don't think that's going to...
203
203
Dec 24, 2012
12/12
by
CSPAN
tv
eye 203
favorite 0
quote 0
there are a lot of state laws. connecticut had about the toughest laws possible. connecticut had very tough laws . apparently the killer was turned down to buy a rifle because of the background checked. his mother had an arsenal at home. people should be liable if they miss use a weapon. people have these concealed carry weapons. host: democratic caller. caller: i have a couple things here. the fact is that the weapons tingsin the school shoo were bought legally. i have nothing against the so- called assault weapons. i am against the 30-round c lips. it could take two-hand acation instead of just -- two-hand action instead of just one. the amount of recoil is controlled by the power that is put through the shell from the high velocity power. i think there's some things there. even the senator from "meet the press" said there should have been some way to interrupt the shooter. host: we got your point. guest: in this article that i recommend to everybody, he comes out for restrictions in gun shows and the winning period, background checks, etc. these things make sen
there are a lot of state laws. connecticut had about the toughest laws possible. connecticut had very tough laws . apparently the killer was turned down to buy a rifle because of the background checked. his mother had an arsenal at home. people should be liable if they miss use a weapon. people have these concealed carry weapons. host: democratic caller. caller: i have a couple things here. the fact is that the weapons tingsin the school shoo were bought legally. i have nothing against the so-...
244
244
Dec 27, 2012
12/12
by
KTVU
tv
eye 244
favorite 0
quote 0
my mother-in-law lives in roseville, so it took us two hours from roseville to get here. >> reporter: john kaiser from danville made the drive so his family could do this, take in the snow and go sleeding. a long -- go sledding. a long drive means they will stay for a while. >> until it gets freezing, we will stay and then get in the car and go home. >> reporter: on the back of the tow truck was a car that just was towed. it looks like the car may have been in an accident. the people here who are heading up interstate 80 heading up over the summit, they will hit chain controls. right now, the chain controls are in effect from king vail over to truckee, so that's essentially the gap of interstate 08245 covers the summit. ken pritchett, ktvu channel 2 news. >>> the rain in the bay hear has had a big impact on the snow in the sierra. officials save the content of the snow pack is 146% of normal for this time of year. the snow pack provides a third of the water supply for homes, farms and industries in california. the first official snow survey is scheduled for next week. >>> a fatal acci
my mother-in-law lives in roseville, so it took us two hours from roseville to get here. >> reporter: john kaiser from danville made the drive so his family could do this, take in the snow and go sleeding. a long -- go sledding. a long drive means they will stay for a while. >> until it gets freezing, we will stay and then get in the car and go home. >> reporter: on the back of the tow truck was a car that just was towed. it looks like the car may have been in an accident. the...
337
337
Dec 30, 2012
12/12
by
CNNW
tv
eye 337
favorite 0
quote 0
let's start with the laws that take effect on january 1st. so, in illinois and california, employers may no longer force their employees to post their accounts. speaking of job seekers, let's check out oregon. employers are not allowed to advertise a job listing in that state unless they are willing to hire the unemployed. in iowa, arsenic is banned in chicken feed. in california, this one made headlines, too. that state is now banning the treatment aimed at changing the sexual orientation of anyone under the age of 18. and on the othlighter side, a n law in illinois helping protect the species. trade of shark fins is now legal in illinois. in florida, if you own a swamp buggy, you don't need to register it as a motor vehicle. in kentucky, illegal to release a wild hog into the wild. yes, that's what the new law says. in 2013 some folks may see a bump in their paycheck. in ten states they decided to raise the minimum wage. alison, back to you. >> our thanks to stacy cohan. >>> do you watch "modern family" ever wonder where those crazy and hil
let's start with the laws that take effect on january 1st. so, in illinois and california, employers may no longer force their employees to post their accounts. speaking of job seekers, let's check out oregon. employers are not allowed to advertise a job listing in that state unless they are willing to hire the unemployed. in iowa, arsenic is banned in chicken feed. in california, this one made headlines, too. that state is now banning the treatment aimed at changing the sexual orientation of...
250
250
Dec 29, 2012
12/12
by
MSNBCW
tv
eye 250
favorite 0
quote 0
they're for military or law enforcement. bottom line. >> what's your thoughts about this in writing about it? >> i say amen to just what the mayor just said. this is what i have written. there is no reason to have these sorts of assault weapons in civilian hands. they're designed to kill people. they're designed to kill a lot of people quickly. that's not for hunting. >> when you get bombarded, i don't know if you read your comments -- >> yeah, i do. >> when you read a comment along those lines, do you hear from principle second amendment people? or do you hear from deer hunters? >> i hear from all of those people. i also hear from police officer, from responsible gun owners, from self described nra members who say you're absolutely right. you know, yes, i want my hunting rifle, but i don't need the ar-15 knock off or the ak-47 knock off. i don't need that. remember, there were armed guards at columbine who engaged the shooters in gunfire. and it did not stop it. >> mr. mayor, what are your police officers, charles ramsey an
they're for military or law enforcement. bottom line. >> what's your thoughts about this in writing about it? >> i say amen to just what the mayor just said. this is what i have written. there is no reason to have these sorts of assault weapons in civilian hands. they're designed to kill people. they're designed to kill a lot of people quickly. that's not for hunting. >> when you get bombarded, i don't know if you read your comments -- >> yeah, i do. >> when you...
354
354
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 354
favorite 0
quote 0
the move viewed as retaliation for an american law that targets russian human rights violators. over the past two decades american families have adopted some 60,000 russian kids. the united nations children's fund estimates there are 740,000 orphans in the country with only a few thousand russians trying to adopt them. we will see an immediate impact. a russian official says 46 children whom americans are right in the process is of adopting right now you would not be able to leave the country. >> usually typically depending on the region a 10 day waiting period and those 46 parent ares, couples are in the ten day wait so it is devastating that they already met their child and started the bonding process. i can't even fathom what they are going through. >> heart break. and teleenviesed comments the president said countries should take care of their own and added with some sarcasm there are probably many places in the world where living standards are so higher than ours. so what, are we going to send our children there? maybe we should move there ourselves. children's rights advoc
the move viewed as retaliation for an american law that targets russian human rights violators. over the past two decades american families have adopted some 60,000 russian kids. the united nations children's fund estimates there are 740,000 orphans in the country with only a few thousand russians trying to adopt them. we will see an immediate impact. a russian official says 46 children whom americans are right in the process is of adopting right now you would not be able to leave the country....
114
114
Dec 26, 2012
12/12
by
KTVU
tv
eye 114
favorite 0
quote 0
states with fewer restrictions have more deaths per capita and gun right holders say gun laws don't work. >>> according to a story in the new york times, a bay area video company joined forces to promote the release of a game and the guns used in it. back in october, they released their latest website featuring gun manufacturing partners. they made many assault weapon accessories and the websites were disabled. >>> a woman was shot on christmas eve protecting the children around her. theresa cordova was trying to shield the children as bullets came through the better they will church monday -- bethel church monday night. the pastor explains what happened during his sermon. >> are you scared to go back? >> a little bit, but i have to go in. i am serving god and i have to go back. >> he has counted seven or eight shots in the wall of the church and one bullet ended up in the baby's stroller. >>> she drove her car into a group of four pedestrians. she died of her injuries and two other people were hurt but are expected to survive. >>> a manhole explosion shut down the area and fortunately n
states with fewer restrictions have more deaths per capita and gun right holders say gun laws don't work. >>> according to a story in the new york times, a bay area video company joined forces to promote the release of a game and the guns used in it. back in october, they released their latest website featuring gun manufacturing partners. they made many assault weapon accessories and the websites were disabled. >>> a woman was shot on christmas eve protecting the children...
180
180
Dec 29, 2012
12/12
by
FOXNEWSW
tv
eye 180
favorite 0
quote 0
even though the new health care law requires it. this, after the supreme court refused the christian-owned company's request for an exemption this week. the decision could cost the company well over a million dollars a day in fines. but hobby lobby believes the morning-after pill is essentially an abortion and objects on moral grounds. >> with the fiscal cliff deadline just two days away if you're counting, there are knowing concerns over how the u.s. markets will react if lawmakers fail to reach a deal. and we've already seen the markets take several hits during the course this have discussion. even the dow jones ended one of the last trading days of the year on friday at just under 1300 points, a one month low, so, what can we expect for the the new year, a managing partner of car guile investments at wnb. thank you for joining us. >> my pleasure. >> so despite its name, a lot of strategists say that the fiscal cliff will not hit the economy right away and that could give lawmakers some time to continue negotiating, perhaps, but i
even though the new health care law requires it. this, after the supreme court refused the christian-owned company's request for an exemption this week. the decision could cost the company well over a million dollars a day in fines. but hobby lobby believes the morning-after pill is essentially an abortion and objects on moral grounds. >> with the fiscal cliff deadline just two days away if you're counting, there are knowing concerns over how the u.s. markets will react if lawmakers fail...
70
70
Dec 25, 2012
12/12
by
CSPAN
tv
eye 70
favorite 0
quote 0
understand what is law and what is rule of law? why should he meant to deal with each other in this way? -- humans deal with each other in this way? they know they cannot be influenced. in my family, when i was fighting with my parents, i could not win because they were my parents. what kind of steps will you allow ordinary people to understand the rule of law? why do we need a rule of law? >> keep doing what you are doing. keep doing it. sandra o'connor, one of my colleagues, feels very strongly about the fact that teenagers and high-school students are not learning civics. they do not know how the government of the united states works. she's been a lot of for time trying to develop programs on computers, television, that you can send into the classrooms. none of us thinks the rule of law is the american system in its entirety. we think the fact that people will apply and follow a rule of law is one thing that we think -- i think -- and is a national treasure. it is a treasure that has developed over many, many, many years with ma
understand what is law and what is rule of law? why should he meant to deal with each other in this way? -- humans deal with each other in this way? they know they cannot be influenced. in my family, when i was fighting with my parents, i could not win because they were my parents. what kind of steps will you allow ordinary people to understand the rule of law? why do we need a rule of law? >> keep doing what you are doing. keep doing it. sandra o'connor, one of my colleagues, feels very...
113
113
Dec 27, 2012
12/12
by
CSPAN2
tv
eye 113
favorite 0
quote 0
law school. he received both his b.a. and j.d. from yale and serves as an editor for the yale law's journal. after clerking for stephen breyer when he was judge of the u.s. court of appeals for the first circuit professor amar joined the faculty of yale in 1985. professor amar is a coeditor of the leading constitutional law casebook, decision-decision- making and is th author of several other books including the constitution and criminal procedure, the bill of rights creation and reconstruction, america's constitution a biography and most recently america's unwritten constitution, the president's and decibels we live by. the honorable clarence thomas has served as an associate justice of the supreme court of the united states for nearly 21 years. he attended conceptual cemetery and received an a.b. from the college of the holy cross and his j.d. from yale law school. he served as an assistant attorney general of missouri from 1974 to 1977, an attorney with the monsanto company from 77 to 79 and l
law school. he received both his b.a. and j.d. from yale and serves as an editor for the yale law's journal. after clerking for stephen breyer when he was judge of the u.s. court of appeals for the first circuit professor amar joined the faculty of yale in 1985. professor amar is a coeditor of the leading constitutional law casebook, decision-decision- making and is th author of several other books including the constitution and criminal procedure, the bill of rights creation and...
133
133
Dec 22, 2012
12/12
by
WRC
tv
eye 133
favorite 0
quote 0
lawmakers in at least ten states have said they'll consider laws allowing teachers and administrators to carry firearms. in tiny harrold, texas where the nearest sheriff's deputy is 30 minutes away teachers and administrators sometimes felt unsafe. in harrold all 100 students from kindergarten to 12th grade attend school in one building. in a school this small and remote a security guard would be too costly so here teachers are the first responders. they're allowed even encouraged to carry concealed hand guns after they've obtained licenses and extensive training. >> we're not teaching violence. we're protecting kids. >> reporter: the superintendent says he believes the program, now in its fifth year, will prevent the unthinkable. >> i want to be able to call my parents and say, a bad guy came into our school. your child is coming home safe and sound. the bad guy is leaving in a body bag. >> reporter: strong words that worry some teachers groups. >> i just think that we are setting up a scenario where more people are going to get hurt and the wrong people will get hurt in these cases.
lawmakers in at least ten states have said they'll consider laws allowing teachers and administrators to carry firearms. in tiny harrold, texas where the nearest sheriff's deputy is 30 minutes away teachers and administrators sometimes felt unsafe. in harrold all 100 students from kindergarten to 12th grade attend school in one building. in a school this small and remote a security guard would be too costly so here teachers are the first responders. they're allowed even encouraged to carry...
303
303
Dec 27, 2012
12/12
by
KPIX
tv
eye 303
favorite 0
quote 0
now, another provision in that law is that the f.d.a. set up a task force looking at other possible solutions to the drug shortage crisis, and they're required to submit that report to congress by this coming july. >> axelrod: dr. jon lapook, thank you. china now has the longest high- speed train line in the world. it runs 1,400 miles from beijing to the city of guangjo, about the distance from new york to miami. the chinese train can make the trip in eight hours. it would take amtrak 30 hours. in los angeles, people lined up to turn in their guns. find out why when we come back. ♪ aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ thank you. >> axelrod: today, los angeles responded to the newtown tragedy by starting their gun buyback sooner. they needed two sprawling sites including a sports arena. >> they're hunting rifles. >> reporter: angel
now, another provision in that law is that the f.d.a. set up a task force looking at other possible solutions to the drug shortage crisis, and they're required to submit that report to congress by this coming july. >> axelrod: dr. jon lapook, thank you. china now has the longest high- speed train line in the world. it runs 1,400 miles from beijing to the city of guangjo, about the distance from new york to miami. the chinese train can make the trip in eight hours. it would take amtrak 30...
492
492
Dec 27, 2012
12/12
by
WBAL
tv
eye 492
favorite 0
quote 0
without it, pricing would go back to an outdated law put in place during the truman era. the government would be required to buy dairy products based on 1949 production costs, when milking was done by hand. that would double today's price. farmers would lose incentive to sell directly to producers, and prices in the grocery store would sky rocket. >> it can't happen. it just can't happen. >> reporter: farmers like skip hardy in new york say it would be nice to get high prices from the government at first. but ultimately, this would kill the industry. >> the economy being what it is, if -- the price of anything doubles, people are going to stop buying it. >> probably go back down to water. >> reporter: lucky for congress, it won't happen right away. the department of agriculture could take weeks to put a new dairy purchase program in place. >> they'll have time enough after the new congress is seated to pass legislation thand eithe extend our previous farm bill or perhaps even pass a new farm bill. >> reporter: but eventually congress will have to agree on something. or a
without it, pricing would go back to an outdated law put in place during the truman era. the government would be required to buy dairy products based on 1949 production costs, when milking was done by hand. that would double today's price. farmers would lose incentive to sell directly to producers, and prices in the grocery store would sky rocket. >> it can't happen. it just can't happen. >> reporter: farmers like skip hardy in new york say it would be nice to get high prices from...